Skye Bank organises essay competition for children

As a way of promoting the savings culture among children, Skye Bank Plc has instituted the Skye Rainbow Essay competition for children who own and operate the bank’s Rainbow Account specially designed for them.
According to a statement issued by the bank, the topic of the essay competition is ‘The importance of an early savings habit’, and is organised to commemorate this year’s Children’s Day.
The statement quoted the bank’s head of retail banking group, Nkoli Okoli, as saying that the bank chose to stand out from the others this year by putting in place a special programme for the children to celebrate them. She said five winners will each receive the sum of N200,000, while other consolation prizes would also be presented.
Okoli further explained that the competition would act as a customer reward programme as well as promote savings among children very early in their lives to enable them imbibe the culture of financial discipline.